Modesto, CA

Stanislaus County Home Sales for February 2012 - MODESTO

The sales figures for Modesto California for February 2012 are in. The totals below are for single family homes sold in Modesto.

Total Sales - 191 (229 sold in February 2011)

Bank owned Sales - 71 which was 37% of all sales.

Short Sales - 52 which was 27% of all sales

Overall, distressed sales (Bank owned and short sales) made up 64% of all sales.

The lowest price home sold in Modesto during February 2012 was $32,000.

The highest price home sold in Modesto during February 2012 was $328,000

The median home price in Modesto during February 2012 was $115,000

The average days on the market was 61.

As you can see the volume of home sales in Modesto in February 2012 was lower than last year. Distressed sales are still the majority of sales and holding steady. We are seeing a few more "traditional sales" and more investors are getting into the market.

If you are thinking about buying a home in Modesto now is a great time. Prices are better than they have been in a long time and interest rates are at all time lows. There are currently 377 homes for sale in Modesto listed from $29,000 up to $1,795,000. The inventory of available homes is also going down. Give me a call at 209-633-2839 and I can help you find the right house for you. You can also search for Modesto Homes for sale here too.

Home sales for Modesto Ca January 2012

Home sales for Modesto Ca December 2011

Home sales for Modesto Ca November 2011

Home sales for Modesto Ca October 2011

Home sales for Modesto Ca September 2011

Stanislaus County Home Sales for January 2012 - MODESTO

The sales figures for Modesto California for January 2012 are in. The totals below are for single family homes sold in Modesto.

Total Sales - 171 (209 sold in January 2011)

Bank owned Sales - 64 which was 37% of all sales.

Short Sales - 47 which was 27% of all sales

Overall, distressed sales (Bank owned and short sales) made up 64% of all sales.

The lowest price home sold in Modesto during January 2012 was $35,000.

The highest price home sold in Modesto during January 2012 was $525,000

The median home price in Modesto during January 2012 was $120,000

The average days on the market was 60.

As you can see the volume of home sales in Modesto in January 2012 was lower than last year. Distressed sales are still the majority of sales. We are seeing a few more "traditional sales" and more investors are getting into the market.

If you are thinking about buying a home in Modesto now is a great time. Prices are better than they have been in a long time and interest rates are at all time lows. There are currently 449 homes for sale in Modesto listed from $32,960 up to $1,790,000. Give me a call at 209-633-2839 and I can help you find the right house for you. You can also search for Modesto Homes for sale here too.

Home sales for Modesto Ca December 2011

Home sales for Modesto Ca November 2011

Home sales for Modesto Ca October 2011

Home sales for Modesto Ca September 2011

Stanislaus County Home Sales for December 2011 - MODESTO

The sales figures for Modesto California for December 2011 are in.  The totals below are for single family homes sold in Modesto.

Total Sales - 229  (287 sold in December 2010)

Bank owned Sales - 92  which was 40% of all sales.

Short Sales - 63 which was 28% of all sales

Overall, distressed sales (Bank owned and short sales) made up 68% of all sales.

The lowest price home sold in Modesto during December 2011 was $30,000.  

The highest price home sold in Modesto during December 2011 was $870,000

The median home price in Modesto during December 2011 was $125,000

The average days on the market was 61.

As you can see the volume of home sales in Modesto in December was lower than last year.  Distressed sales are still the majority of sales.  We are seeing a few more "traditional sales" and more investors are getting into the market. 

If you are thinking about buying a home in Modesto now is a great time.  Prices are better than they have been in a long time and interest rates are at all time lows.  There are currently 470 homes for sale in Modesto listed from $12,900 up to $1,950,000.   Give me a call at 209-633-2839 and I can help you find the right house for you.  You can also search for Modesto Homes for sale here too.

November 2011 Sales - Modesto California - Stanislaus County

The sales figures for Modesto California for November 2011 are in. The totals below are for single family homes sold in Modesto.

Total Sales - 230 (232 sold in November 2010)

Bank owned Sales - 79 which was 34% of all sales.

Short Sales - 62 which was 27% of all sales

Overall, distressed sales (Bank owned and short sales) made up 61% of all sales.

The lowest price home sold in Modesto during November 2011 was $19,500.

The highest price home sold in Modesto during November 2011 was $850,000

The median home price in Modesto during November 2011 was $129,115

The average days on the market was 57.

As you can see the volume of home sales in Modesto in November was the same as last year. Distressed sales are still the majority of sales. We are seeing a few more "traditional sales" and more investors are getting into the market.

If you are thinking about buying a home in Modesto now is a great time. Prices are better than they have been in a long time and interest rates are at all time lows. There are currently 493 homes for sale in Modesto listed from $35,000 up to $1,950,000. Give me a call at 209-633-2839 and I can help you find the right house for you. You can also search for Modesto Homes for sale here too.

Tis the Season to be Jolly...Fa La La La La La La La La (in my Mariah Carey voice). Home sells tend to decrease around the Holiday Season, however, it is a great time to search and buy a home. Here are some reasons on why you shouldn’t put your home search on hold during the holidays.

1. LESS COMPETITION: I find that the most serious homebuyers are the ones that search during the holiday season. During the seasons, a lot of purchasers, who were looking or interested in looking for homes take a break during the holidays, making it less competitive for the serious buyers to gain the attention of the seller.
2. SELLERS ARE VERY MOTIVATED: Especially if their home has been on the market for a while. Sellers that have their home and keep their home on the during the holiday season are serious sellers and may have more incentive to sale their home as soon as possible. This is a good time for homebuyers to take advantage and have more leverage for negotiations to get the best deal possible.
3. TAKE ADDITIONAL TAX ADVANTAGES: Buying a home right before the end of the year and before the beginning of tax season is a huge benefit to the homeowner. As some of the settlement costs paid to the lender and other fees are tax-deductible.
4. MORE TIME TO LOOK AT HOMES: Although there is less day light time to search for homes during the day, vacation time allows more time for homebuyers to look for a home during the holiday.

I do caution that homebuyer should be aware of your spending habits. It is important to be aware of your reserves (the amount of money saved) and the amount of money that a homebuyer is spending and splurging on credit cards, as this effects your debt-to-income ratio. I would also advise not to open up any new accounts during your house hunting holiday season, this too affects your credit, which ultimately will effect your ability to approve for a home loan.

On Black Friday, I took a prospective buyer home searching and I expressed how impressed I was with her determination to buy a home when she could’ve been out and about splurging on the holiday deals. She expressed how important it was for her to purchase a home so the following year she can entertain her family at her house during the holidays. Purchasing a home during the holiday season does take determination and focus, but the reward is so much greater....Welcoming the New Year in Your New Home!